For financial institutions, digital transformation is about rethinking how the organization uses technology, processes, and people to offer new services and improve customers’ experience. But digital transformation typically means utilizing various technologies, cloud services, mobile applications, and technology providers. This adds complexity and changes the way that financial institutions must think about risk management and compliance. In this session, we will discuss how to manage cybersecurity risk and prepare for digital transformation.
Program Learning Objectives:
- Get an overview of how financial institutions are transforming digitally
- Gain an understanding of the challenges for Risk and Compliance
- Become familiar with questions to determine if your institution is ready for digital transformation from arisk/compliance perspective
- Become familiar with the “shared responsibility” model
Target Audience: Human resource officers, supervisors, CEOs